Yukon National Bank v. Modern Builders Supply, Inc.

REYNOLDS, Judge.

Judgment of trial court held Yukon National Bank could stop payment on cashier’s checks issued by the bank. Modern Builders Supply appeals.

On December 29, 1978, Almada Homes, Inc. wrote two checks to Modern Builders Supply [Builders] totaling $4,198.53. Al-mada was experiencing financial difficulties. On February 19, 1979, Builders requested Yukon National Bank to issue cashier’s checks for Almada’s business checks. Bank examined Almada’s account and issued two cashier’s checks totaling $4,198.53. That afternoon, Bank informed Builders it would not honor the cashier’s checks.…